Causes of Great Depression

The most major cause of the great depression was the lack of diversification. The US had only a set of major companies that basically recycled the money already in the market. Therefore, when these companies failed, others began to fail too. The people then started to lose their money and everyone was into trouble when it was all over. Most of the big companies ruled and were receiving all of the wealth so when they fell the small companies were still standing strong. If the US was diverse in its business then everything might have survived and helped each other through the Great Depression. Since all the wealthy was involved with the big companies this was where the money went and the money was gone when the businesses fell especially the monopolies businesses.